Control4 (CTRL - Free Report) closed at $21.77 in the latest trading session, marking a +1.21% move from the prior day. This move outpaced the S&P 500's daily gain of 0.82%. Meanwhile, the Dow gained 0.79%, and the Nasdaq, a tech-heavy index, added 0.79%.
Coming into today, shares of the provider of in-home automation and control services had lost 25.31% in the past month. In that same time, the Computer and Technology sector gained 2.95%, while the S&P 500 gained 3.94%.
Investors will be hoping for strength from CTRL as it approaches its next earnings release, which is expected to be February 14, 2019. The company is expected to report EPS of $0.43, up 7.5% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $73.06 million, up 6.9% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.43 per share and revenue of $273 million. These totals would mark changes of +19.17% and +11.55%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for CTRL. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.08% higher within the past month. CTRL is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that CTRL has a Forward P/E ratio of 15.02 right now. This valuation marks a discount compared to its industry's average Forward P/E of 18.
Investors should also note that CTRL has a PEG ratio of 1.31 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CTRL's industry had an average PEG ratio of 1.42 as of yesterday's close.
The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 209, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.